A recent report by Beazley reveals that 74% of Singapore-based executives view geopolitical and economic uncertainty as significant obstacles to business growth, a figure that has risen to 75% as of July 2025. The report, which surveyed 3,500 senior business leaders globally, highlights the increasing concerns over inflation and economic instability. In 2025, 30% of respondents identified inflationary pressures as a top risk, up from 25% in 2024, whilst 26% cited economic uncertainty as their biggest threat, an increase from 20% the previous year.
The findings underscore the complex risk environment businesses are navigating, with many adopting short-term strategies. However, Beazley suggests that long-term foresight and adaptability are crucial for growth. The report indicates that 38% of Singapore companies plan to reassess the security of their overseas operations, reflecting a shift towards treating security threats as immediate risks. Additionally, 32% of firms intend to explore insurance options that include risk and crisis management, up from 20% in 2024.
Despite the challenges, companies are investing in high-risk, high-opportunity areas such as AI and fusion energy. Bethany Greenwood, CEO of Beazley Furlonge Limited, emphasised the role of innovative insurance solutions in turning risks into competitive advantages. “Resilience isn’t just about surviving disruption; it is about turning risk into competitive advantage,” she stated.
The report suggests that businesses leveraging strategic risk management and insurance solutions can continue to thrive amidst uncertainty, positioning resilience as a key driver of growth.
